cool stuff paul...that's my plan for today ...shorts up here in the 61 - 63 zone I mentioned the other day.....that is also your .62 projection area....watching O/N high close just in case the buyers will try to front run TOMORROWS reports today

Here is a look at the footprint coming into the open. The question is, looking at the volume profile on the right, will new volume come in at these levels to support the move or do prices trade back to all that volume between 57-55?

yes paul the 4pm...some like to watch the cash go to even from the previous but 4 pm is close enough

Something I've learned from reviewing all my "scramble" trades, you know, those trades that I've put on in O/N session and thenI have to scramble to protect in day session....painful

The point is this......my crappy O/N trades and bad trades early on happen a HUGE percent of the time when 10 am reports are due...this makes sense as some trend traders position in O/N session and early day session in hopes that the 10 am report will treat them well...and when they do work well it is much harder for us faders....the market needs inspiration to keep trending...and the reports sometimes give them that inspiration